Purpose and scope
This disclosure explains material risks associated with using SCopyTrade. SCopyTrade provides technology that lets users view trade signals and, when they choose, transmit or copy orders to a supported third-party exchange account connected through API credentials.
SCopyTrade is not a bank, exchange, custodian, broker, portfolio manager, or financial adviser. Signals, trader statistics, notes, and other platform content are informational and do not constitute personalised investment, legal, tax, or financial advice.
Crypto-asset and market risk
- Crypto assets are highly volatile. Prices can move suddenly and may be affected by liquidity, market sentiment, regulation, protocol failures, cyber incidents, and events outside anyone's control.
- You may lose some or all of the capital committed to a trade. Only trade with funds you can afford to lose.
- Leverage and derivatives magnify both gains and losses. A relatively small price movement can cause liquidation, additional fees, or a loss greater than the amount allocated to a position where the exchange's product rules allow it.
- Crypto assets may have limited liquidity. An order may fill in part, at a different price, or not at all.
Copy trading and signal risk
Following a pro trader does not ensure that your account will achieve the same result. Past performance, win rates, profit figures, and rankings are not reliable indicators of future performance. A pro trader may make errors, change strategy, take excessive risk, or experience losses.
Results can differ because of account balance, selected quantity, leverage, exchange, contract specifications, fees, funding rates, latency, price movement, minimum order sizes, existing positions, and API or exchange restrictions. You remain responsible for every trade placed in your account, including a copied trade.
Execution, automation, and stop-order risk
Order transmission, position monitoring, take-profit and stop-loss updates, and copied-trade synchronisation rely on software, internet connections, exchange APIs, and exchange systems. Delays, outages, rate limits, incompatible order rules, stale prices, rejected orders, duplicate messages, or other technical failures can cause an order to execute late, at an unexpected price, or not at all.
A stop-loss is an instruction, not a guarantee of a maximum loss. During gaps, fast markets, low liquidity, or exchange disruption, it can fill materially away from its trigger price. If a source trade closes, a copied position may remain open if automated closure fails; you must monitor your exchange account independently.
Third-party exchange and API risk
Your assets remain with the exchange you select, not with SCopyTrade. This non-custodial structure does not remove exchange risk. An exchange may be hacked, become insolvent, freeze an account, change its rules, suspend a market, restrict withdrawals, or experience an outage. SCopyTrade does not control or guarantee an exchange.
API credentials grant permissions within your exchange account. Use the narrowest permissions that support the features you select, follow the setup instructions, use IP restrictions where available, and never reuse or publicly disclose credentials. Revoking a key may interrupt monitoring or prevent an open position from being updated.
Fees and settlement risk
Under the current product model, a profitable copied trade is charged a performance fee equal to 20% of its realised profit: 15% is retained by SCopyTrade and 5% is credited to the source pro trader. No performance fee is charged by SCopyTrade on a losing or breakeven copied trade. The platform may use the connected exchange API to settle an applicable fee in USDT to the configured settlement wallet.
Exchange trading fees, funding payments, withdrawal fees, network fees, taxes, and currency conversion can reduce returns and may not be included in a displayed performance figure. Review the fee shown in the product and the exchange's own fee schedule before trading.
Security, regulatory, and tax risk
Encryption and other safeguards reduce risk but cannot eliminate it. Account takeover, phishing, malware, credential compromise, software defects, and unauthorised access may result in losses.
Laws governing crypto assets and automated trading vary by location and can change rapidly. A service, exchange, asset, or derivative may be restricted or unavailable in your jurisdiction. You are responsible for determining whether your activity is lawful and for reporting and paying all applicable taxes.
Your responsibility
Before using SCopyTrade, assess your objectives, experience, financial circumstances, and tolerance for loss. Consider obtaining advice from an independent, appropriately authorised professional. Keep sufficient margin, verify orders directly at your exchange, and be prepared to manage or close positions manually.
By using the service, you acknowledge these risks and the additional provisions in our Terms of Service. If you do not understand or cannot accept the risks, do not trade through SCopyTrade.